67788
Hitachi Signs Deal to Supply Gas Technology
Hitachi Signs Deal to Supply Gas Technology

Hitachi Signs Deal to Supply Gas Technology

Hitachi Signs Deal to Supply Gas Technology

Hitachi Ltd. has signed a preliminary agreement to supply advanced equipment and technology for the Persian Gulf Bid Boland Gas Refinery project in the southern Khuzestan Province. The agreement includes the supply of compressors, vapor recovery units and gas storage equipment by the Japanese conglomerate, NIPNA, the official portal of the National Petrochemical Company, reported on Tuesday.
"We have signed a letter of intent with Hitachi for compressors and VRU systems," Mahmoud Aminnejad, chief executive officer of Bid Boland Gas Refining Company, was quoted as saying by NIPNA. He did not mention the agreement's value.
The refinery will have the capacity to process 48 million cubic meters per day of natural gas. The capacity roughly equals natural gas output from a standard phase of South Pars, Iran's mega gas field that is being developed in 24 phases.
It will also produce 1.5 million tons of ethane and 1.5 million tons of propane and butane annually upon completion.
The VRU unit collects either environmentally hazardous or valuable vapors inside the refining facilities to be reprocessed or destroyed.
Formerly known as Bid Boland 2 Refinery, the project started development over 15 years ago, but has since been hampered by managerial mishaps and financial constraints. The main Bid Boland facility became operational in 1970 as one of the largest Iranian gas refining facilities.
The refinery's output will be supplied as feedstock to several petrochemical facilities across a 1,200-kilometer pipeline—known as the West Ethylene Pipeline—that runs from Asalouyeh in the south all the way to West Azarbaijan Province in the northwest.
"The Persian Gulf Bid Boland project will be developed in three phases: the main refining facility, pipelines and storage tanks," Aminnejad said.

 

Short URL : https://goo.gl/F7QLh5
  1. https://goo.gl/6sNhfw
  • https://goo.gl/Srozi4
  • https://goo.gl/YCeRmV
  • https://goo.gl/yMemNq
  • https://goo.gl/sUXw1W

You can also read ...

The agreement went through after years of on-off negotiations with the French group.
A technology licensing agreement with French company Air...
No licenses have been issued for state and semi-governmental companies to build power plants in the last four years.
The Energy Ministry has privatized over 50% of power plants in...
OPEC to Struggle With Oversupply for Years
When OPEC and Russia first embarked on clearing a global oil...
NISOC Targeting 20% Rise in Recovery Rate
National Iranian South Oil Company aims to increase the...
Iraq Sets Up Oil Shipping, Trading Joint Venture
OPEC member Iraq has formed a joint venture with a shipping...
Brent, WTI Make Gains
Oil prices edged up on Wednesday, lifted by declining US crude...
China Energy Demand to Peak in 2040
China's energy demand will peak by 2040, a decade later than...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus